Credit in the economic practice is the assumption that the lender confidence in the secretariat of the borrower and truthfulness and therefore grant term to meet the debt.
The bank's ability to generate more credit the amount of deposits resulting from his job as an intermediary between savers and investors, and to the decision of the modern monetary means of payment. And the generation of credit where the parent is religiously permissible if there is legitimate reason for the plastic, a credit which is available when the receipt of payment. But the ruling is different depending on the type of investment by the bank, according to the implications of that, if the bank is borrowing money - deposited with him - and the lending most of the benefits, in addition to lending money from the bank's ability to generate credit, this work will be served a great represented in the presence of inflation and price increases as a result of the tendency of banks to excessive credit creation in the pursuit of profit under the cost is almost non-existent. There is no doubt that this act is haraam because of the presence of lending with interest, in addition to the consequent evils.
The bank's ability to generate more credit the amount of deposits resulting from his job as an intermediary between savers and investors, and to the decision of the modern monetary means of payment. And the generation of credit where the parent is religiously permissible if there is legitimate reason for the plastic, a credit which is available when the receipt of payment. But the ruling is different depending on the type of investment by the bank, according to the implications of that, if the bank is borrowing money - deposited with him - and the lending most of the benefits, in addition to lending money from the bank's ability to generate credit, this work will be served a great represented in the presence of inflation and price increases as a result of the tendency of banks to excessive credit creation in the pursuit of profit under the cost is almost non-existent. There is no doubt that this act is haraam because of the presence of lending with interest, in addition to the consequent evils.
